5 OLAVE CLOSE

£499,984

Full Address

5 OLAVE CLOSE
LEE-ON-THE-SOLENT
LEE-ON-THE-SOLENT
HAMPSHIRE
UNITED KINGDOM
PO13 9JR

Estimated Market Value

£499,984

This estimated value is based upon the latest sale price for the house of £410,000 on 14 Feb 2019. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1

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Transactions for this house
Price PaidDate
£410,00014 Feb 2019
£317,00012 Apr 2016
£230,00021 Jan 2005
House Details
Detached
Freehold
Floor Area: 81 sq meters or 878 sq feet

House Price Models

Land Registry House Price Index Model

This model uses changes in the Official Land Registry House Price Index for HAMPSHIRE to estimate the market value.

When this house was purchased in February 2019 the House Price Index for HAMPSHIRE was 120.3.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.947%.

Applying this 21.947% change to the original purchase price of £410,000 results in an estimated price of approximately £499,984.

14 Feb 2019 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
120.3 146.7 21.947 % £410,000 £89,984 £499,984

The Postcode Pricing Model uses changes in average sales price within the PO13 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations

Change % Change £ Estimated Price
1 Month Average -28.624 % £-117,360 £292,639
3 Month Average 10.327 % £42,340 £452,340
6 Month Average 9.820 % £40,260 £450,260
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress

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House Size

This house has a floor area of 81 sq meters or 878 sq feet when measured on 19 Apr 2010.

The average size of a house on OLAVE CLOSE is 120 sq meters (1,292 sq feet).
This house is the smallest in the street with a floor area of 81 sq meters (878 sq feet).

Recent Crimes Near Here
DateCrimeOutcomeWhere
Jan 2024 Violence and sexual offences Unable to prosecute suspect On or near Grove Road
Mar 2024 Violence and sexual offences Investigation complete; no suspect identified On or near Waveney Close
Feb 2024 Violence and sexual offences Under investigation On or near Pier Street
Feb 2024 Violence and sexual offences Unable to prosecute suspect On or near Pier Street
Feb 2024 Violence and sexual offences Under investigation On or near Pier Street

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Companies Near Here
SPOTCOM LTD
St Mawes 27 Grove Road Lee-On-The-Solent Hampshire England PO13 9JA
INVESTO FINANCIAL LTD
St Mawes 27 Grove Road Lee-On-The-Solent Hampshire England PO13 9JA
AZCENT LIMITED
St Mawes 27 Grove Road Lee-On-The-Solent Hampshire England PO13 9JA
VISION LOGISTICS (NEWCASTLE) LIMITED
St Mawes 27 Grove Road Lee-On-The-Solent Hampshire England PO13 9JA
SYSNET GLOBAL SOLUTIONS (UK) LIMITED
St Mawes, 27 Grove Road Lee-On-The-Solent Hampshire PO13 9JA

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People Near Here
Anne BROOM Company Director
1 Olave Close, PO13 9JR
MR Ian Lewis BROOM Company Director
1 Olave Close, PO13 9JR
WALTER JACK CHILD Historic Information COMPANY DIRECTOR
3 RUSSELL CLOSE, PO13 9HS
DONALD ANTHONY TUCKER Historic Information ACCOUNTANT
OAKWOOD LODGE, 12 RUSSELL CLOSE, PO13 9HS
MR DONALD ANTHONY TUCKER Historic Information ACCOUNTANT
OAKWOOD LODGE, 12 RUSSELL CLOSE, PO13 9HS
MR RAMI HILMI DIRECTOR
UPPER FLAT 6 PETRIE ROAD, PO13 9JB
NIGEL JOHN STANBURY STEWARD Historic Information SOLICITOR
3 SOUTHCLIFF, PO13 9JB
MR CLIVE MERVYN WILLIAM ERRICKER Historic Information
5 PETRIE ROAD, PO13 9JB

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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